Patspin India: Loss Badha, Auditors Ne Kaha 'Going Concern' Par Bade Sankat!

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AuthorRiya Kapoor|Published at:
Patspin India: Loss Badha, Auditors Ne Kaha 'Going Concern' Par Bade Sankat!
Overview

Patspin India ke investors ke liye ye quarter bilkul bhi achha nahi raha. Company ka net loss aur badh gaya hai, lagbhag **₹321 Lakhs** tak pahunch gaya hai FY26 ke Q3 mein. Aur iske upar se, company ke auditors ne 'going concern' par badi chinta jatayi hai, matlab company chal paayegi ya nahi, is par sawaal hai. Company plans kar rahi hai debt restructure karne ka aur yarn manufacturing phir se shuru karne ka.

📉 Patspin India Ka Financial Update

Patspin India ne apne Q3 FY26 aur 9 mahine ke standalone results reveal kiye hain, aur figures dekh kar lagta hai company financial pressure mein hai.

Q3 FY26 Ke Numbers:

  • Revenue from operations ₹1,100 Lakhs raha, jo pichhle saal ke Q3 se 1.9% zyada hai. Lekin agar pichhle quarter (Q2 FY26) se compare karein, toh yeh 20.0% kam hai, jo ki ₹1,375 Lakhs tha.
  • Total revenue thoda badhkar ₹1,256 Lakhs ho gaya, pichhle saal ke ₹1,104 Lakhs se.
  • Sabse badi dikkat net loss mein hai, jo Q3 FY26 mein badhkar ₹321 Lakhs ho gaya, jabki pichhle saal yahi ₹276 Lakhs tha. Ismein ek ₹101 Lakhs ka exceptional item bhi tha Labour Codes ki wajah se, aur total expenses bhi badhe hain.
  • Basic EPS bhi girkar ₹(1.04) ho gaya, jabki pichhle saal ye ₹(0.89) tha.

9 Mahine (Nine Months) FY26 Ke Figures:

  • Revenue from operations lagbhag same raha, ₹3,594 Lakhs (vs ₹3,600 Lakhs YoY).
  • Total revenue ₹3,783 Lakhs raha (vs ₹3,727 Lakhs YoY).
  • Lekin net loss badhkar ₹860 Lakhs ho gaya, jo pichhle saal ₹730 Lakhs tha.
  • Nine-month Basic EPS bhi ₹(2.78) par aa gaya, pichhle saal ke ₹(2.36) se.

🚨 Auditors Ki Warning: 'Going Concern' Par Sawaal!

Company ke statutory auditors, L.U. Krishnan & Co., ne company ke 'going concern' status par material uncertainty batai hai. Iska matlab hai ki company future mein operate kar paayegi ya nahi, is par bade sawaal hain. Ye warning isliye di gayi hai kyunki company lagataar losses mein hai, cash flow mein bhi kami hai, net worth kam ho raha hai, aur lender accounts March 31, 2021 se sub-standard hain.

🚀 Company Ke Revival Plans

Company ne apni revival plan bhi batai hai. Wo cotton yarn manufacturing phir se shuru karne wale hain, jisse unko lagta hai ki EBITDA margins improve honge aur debt manage karne mein aasani hogi. Saath hi, company lenders se debt restructuring ki bhi maang kar rahi hai, jisme payment par delay (moratorium), interest rates kam karne, aur naya working capital lene ki baat hai.

Indian textile industry mein demand badhne ke signs hain, govt policies aur geopolitical shifts bhi support kar rahe hain. Lekin auditors ki ye warning sab plans par ek bada sawaal khada karti hai. Investors ko lenders ke decision aur company ke execution par nazar rakhni hogi.

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